News Centre

OCC Announces Total Cleared Contract Volume Increased 6 Percent Year-To-Date

Date 01/05/2014

OCC announced today that total cleared contract volume in April reached 360,854,580 contracts, which is 4 percent less than the previous April with one less trading day. OCC's year-to-date cleared contract volume stood at 1,469,337,112 contracts up 6 percent so far for 2014. Average daily volume for the year was also up 6 percent with 17,918,745 contracts traded.

OneChicago Announces April 2014 Trading Volume - Average April Block Trade Size Was 426 (42,600 Share Equivalent) - Security Futures YTD Volume Outpacing 2013 By An Increase Of 21%

Date 01/05/2014

OneChicago, LLC (OCX), an equity finance exchange, today announced its April 2014 volume of 556,385 and -2% decrease year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including ADRs and ETFs.

Heightened Expectations For Systemically Important Clearing Houses: How OCC Is Meeting The Challenge

Date 01/05/2014

Craig Donohue at the Options Industry Conference in Austin, TX, gave the following speech on May 1, 2014:

Thank you – it's great to be here with you this morning. I especially want to thank our hosts at BATS for providing me with the opportunity to speak with you about the changes that are occurring at OCC and in the post-trade landscape more generally. In particular, I want to take this opportunity to address the recently announced changes to our fee schedule and refunds for 2014.

Remarks To The 2014 IAA Investment Adviser Compliance Conference, Norm Champ, Director, SEC Division Of Investment Management, Washington, D.C., March 7, 2014

Date 01/05/2014

Introduction

Good morning and thank you for the kind introduction. David Tittsworth has been a tireless advocate on behalf of the Investment Adviser Association for almost twenty years, confronting some of the most pressing and difficult issues facing the investment management industry. I suspect that in your time at the IAA you have been witness to more change in the business and regulation of investment advisers than took place in the sixty years prior - back to when the IAA’s predecessor, the ICAA was educating and lobbying Congress on what would become the Investment Advisers Act of 1940. I personally have enjoyed working with you on a number of interesting issues during my tenure at the Commission, and offer a hearty congratulations on your upcoming retirement.

CBOE Futures Exchange Reports April 2014 Trading Volume

Date 01/05/2014

• Total CFE Volume: 3.75 Million Contracts
• VIX Futures ADV Down 4% From Year Ago

BOX Options Exchange Price Improvement Activity For April

Date 01/05/2014

In the month of April, price improved contracts on BOX Options Exchange (“BOX”) averaged 300,510 per day, which represented a 38% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $466,285 per day, while total savings to investors this month was $9.8MM. With this, BOX has saved investors over $497 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of April was 453,931 contracts, an increase of 23% over the same period last year. 

CBOE Holdings Reports April 2014 Trading Volume

Date 01/05/2014

• Total Consolidated Volume: 107.17 Million Contracts
• Average Daily Volume Up 9% From Year Ago
• Year-To-Date ADV 23% Ahead Of 2013

The Options Industry Council Announces April Options Volume Down 4 Percent

Date 01/05/2014

The Options Industry Council (OIC) announced today that 355,803,000 total options contracts traded in April, which is 4.13 percent less than last April when 371,147,433 contracts were traded.

CalPERS Releases Second Report On Progress Towards Sustainable Investments And Operations

Date 01/05/2014

The California Public Employees' Retirement System (CalPERS) today released its second report chronicling the Pension Fund's efforts on sustainable investing and leadership at the Ceres Annual Conference in Boston, Massachusetts.

Jawahar Kaliani Named Office Of The Comptroller Of The Currency's Deputy Chief Information Officer

Date 01/05/2014

Jawahar Kaliani was recently named Deputy Chief Information Officer for Application Services Delivery (ASD) at the Office of the Comptroller of the Currency (OCC).